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The Indicator from Planet Money

Where the US got $20B to bail out Argentina

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 13 November 2025

⏱️ ? minutes

Summary

The U.S. is committed to bailing out Argentina to the tune of $20 billion using a little known mechanism called the Exchange Stabilization Fund. On today’s show, what is this fund, why was it created and does Argentina have any hope of paying it back? 

Related episodes: 
Dollarizing Argentina  

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  


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